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Kid to Kid

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Retail
Category
Resales
Investment Range
$348,559 to $579,134
Total US Locations
93
Franchise Units
79
Founding Year
1992
Started Offering Franchises
1994
Management Capacity
Owner Operator
Job Count
12
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
5%
Marketing Fee
1%
Franchise Fee
$25,000
Headquarters (City, State)
North Salt Lake, UT
Square Footage
4000 - 4000
Retail Location?
Yes
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Parents spend a fortune outfitting their kids – but they don’t have to. Kid to Kid, the iconic children’s resale franchise, helps families save big on fashionable, name brand clothing and other kids’ products in a way that is both environmentally sustainable and personally empowering. Since their founding in 1992, Kid to Kid has grown to over 110 locations in the US, Canada and Europe, and has helped entrepreneurs across the nation realize their dream of owning a business that truly makes a difference.

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Management team / founders

Kid to Kid franchise was founded in 1992 by a young couple who understood what all young couples know — it costs a small fortune to buy clothes for your children. Fast forward 30 years, and Kid to Kid is the leading upscale kids resale franchise, with over 110 locations operating across 24 U.S. states and several international markets. Looking ahead, Kid to Kid is poised to meet an ever-growing wave of consumer demand in the $39 billion resale industry, which is expected to grow 9x faster than the broader retail clothing sector and reach $70 billion by 2027. “I was a young mother with four children, and was shopping secondhand” says Shauna Sloan, Co-Founder of Kid to Kid. “I realized that there wasn’t an organized way for young parents to buy the items they wanted, as well as sell their items back so they they could go to the families that really need them. With kids constantly outgrowing their clothes, there’s always going to be a constant demand for new items and a supply of inventory.

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Focus of owner for daily business operations

As a Kid to Kid franchisee, the main facets of the business entail: 1. Establishing and overseeing in-store operations; 2. Promoting local marketing efforts within the community; 3. Review of financials; 4. Hiring and managing in-store employees

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
5%
5%
6%
Marketing Fee
Franchise Fee
$25,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
Franchised
Total Outlets
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
% of Franchisees with Completed Litigation
Number of Bankruptcies Disclosed
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.